April 4, 2024/Coronation Research Summary Opening market liquidity was reported at N45.32bn on Thursday (28, March ‘24). Call, overnight, and repo rates closed within a range of 7% – 28% as rates in the money market tightened. Last week, the average NTB yield remained unchanged to close at 17.7% w/w. Also, […]
Updates
The Outlook for the U.S. Economy and Monetary Policy
April 3, 2024/US Federal Reserve By Governor Adriana D. Kugler Thank you, Andrew, and thank you for the opportunity to speak here today.1 I am very pleased to be talking here at the Weidenbaum Center. As an economist currently working on policy, but with a long trajectory in research, I […]
Purchasing Managers’ Index Remains Flat in March 2024
April 4, 2024/CSL Research The Nigerian Manufacturing Purchasing Managers Index (PMI) gauges the activity level of purchasing managers in the manufacturing sector. A reading above 50 signals expansion, while below 50 indicates contraction. The March 2024 PMI remained steady at 51.0, mirroring February’s level and indicating consistent business activity. However, […]
